Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial real estate

    125 W Broadway, Salem, NJ 08079

    0.58 ac lot Built 1985
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US59-1581161
    Property summary
    AI-generated overview

    This exceptional executive office building, located at 125 W Broadway in Salem, New Jersey, presents a unique investment opportunity. The property boasts a total of 9,248 square feet, encompassing 6,141 square feet of office space and an additional 3,107 square feet of basement space. The building sits on a 0.5979-acre lot and is zoned C1, allowing for a variety of commercial uses. Ample parking is available, with 58 spaces serving both 125 and 127 W Broadway. The property's strategic location in Salem, within Passaic County, offers convenient access to major transportation routes and a thriving business community. This is an ideal opportunity for businesses seeking a substantial and well-maintained office space in a desirable location. The property's size and zoning provide flexibility for a range of business needs. The inclusion of significant basement space adds versatility for storage, additional office space, or other operational requirements. The ample parking ensures convenient access for employees and clients. This property is ready for immediate occupancy and presents a compelling investment opportunity in a growing market. The adjacent property at 127 W Broadway, while not included in this sale, offers an additional 1,670 square feet on a 0.3283-acre lot and is also zoned C-1. This presents a potential expansion opportunity for a larger business. The zip code is 08079.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1985
    Construction BRICK
    Lot 0.58 ac (25,463 SF)
    APN 13 00059-0000-00003
    UPID US59-1581161
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Salem City Clerk City Government Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    City Of Salem · 3 yrs held
    City Of Salem
    since 2023
    Last sale
    $475,000
    2 recorded transactions
    2023
    $475,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message